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NEW QUESTION 31
Which of the following are possible reasons that an invoice would not be paid?
There are 3 correct answers to this question.
Response:
- A. The invoice has a debit balance.
- B. An invalid house bank is selected.
- C. The payment amount is less than the minimum amount specified for a payment.
- D. The discount period has expired.
Answer: A,B,C
NEW QUESTION 32
What is the purpose of the reorganization of segments?
There are 2 correct answers to this question.
Response:
- A. Enables segment deletion.
- B. Enables segment reassignments.
- C. Enables segment derivation.
- D. Enables merge of segments.
Answer: B,D
NEW QUESTION 33
What does the year-end closing program in Asset Accounting do? Note: There are 3 correct answers to this question.
- A. It indicates if any of the created asset master records contain errors or are incomplete.
- B. It settles all assets under construction with values and maintained settlement rules.
- C. It posts all remaining depredation and imputed interest.
- D. It checks whether the depreciation is posted completely for the fiscal year.
- E. It blocks all postings to Asset Accounting for the closed fiscal years.
Answer: A,D,E
NEW QUESTION 34
……
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